MFS Receivables Turnover from 2010 to 2024

CXE Stock  USD 3.80  0.02  0.53%   
MFS High's Receivables Turnover is decreasing over the years with slightly volatile fluctuation. Receivables Turnover is expected to dwindle to 1.60. During the period from 2010 to 2024 MFS High Receivables Turnover annual values regression line had coefficient of variation of  190.02 and r-squared of  0.11. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
2.94
Current Value
1.6
Quarterly Volatility
3.09939415
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MFS High financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MFS High's main balance sheet or income statement drivers, such as Interest Expense of 4.5 M, Selling General Administrative of 402.1 K or Total Revenue of 2.1 M, as well as many indicators such as Price To Sales Ratio of 18.09, Dividend Yield of 0.0511 or PTB Ratio of 0.67. MFS financial statements analysis is a perfect complement when working with MFS High Valuation or Volatility modules.
  
Check out the analysis of MFS High Correlation against competitors.

Latest MFS High's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of MFS High Income over the last few years. It is MFS High's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MFS High's overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

MFS Receivables Turnover Regression Statistics

Arithmetic Mean1.63
Coefficient Of Variation190.02
Mean Deviation1.73
Median2.55
Standard Deviation3.10
Sample Variance9.61
Range12.5783
R-Value(0.33)
Mean Square Error9.22
R-Squared0.11
Significance0.23
Slope(0.23)
Total Sum of Squares134.49

MFS Receivables Turnover History

2024 1.6
2023 2.94
2021 -9.09
2020 2.05
2019 0.17
2018 3.11
2017 0.87

About MFS High Financial Statements

MFS High stakeholders use historical fundamental indicators, such as MFS High's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although MFS High investors may analyze each financial statement separately, they are all interrelated. For example, changes in MFS High's assets and liabilities are reflected in the revenues and expenses on MFS High's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MFS High Income. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 2.94  1.60 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MFS High Income is a strong investment it is important to analyze MFS High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MFS High's future performance. For an informed investment choice regarding MFS Stock, refer to the following important reports:
Check out the analysis of MFS High Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MFS High. If investors know MFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MFS High listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.694
Dividend Share
0.161
Earnings Share
0.18
Revenue Per Share
0.32
Quarterly Revenue Growth
(0.03)
The market value of MFS High Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS High's value that differs from its market value or its book value, called intrinsic value, which is MFS High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MFS High's market value can be influenced by many factors that don't directly affect MFS High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MFS High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.